114 Ivy St Hanford, CA 93230-3820
- Office buildings
- 1,573 SF
- 0.04 lot acres
Current Use by Public Records
- Matsumoto R Douglas DDS / Dentist
- Aiko Kondo / Dentist
- OnCall Dental - Hanford / Dentist / Emergency Dental Service
Property Details for 114 Ivy St
- Year built
- 1984
- Construction
- WOOD
- Lot size
- 0.04 lot acres
- Property size
- 1,573 SF
- Zone code
- OR
- Property type
- Office buildings
- APN
- 010-189-017-000
- APU
- 10189017000
Description
This 1,573-square-foot medical office building, located at 114 West Ivy Street in Hanford, California (zip code 93230, APN 010-189-017), is offered for sale at $300,000. Built in 1984, this single-story, single-unit building sits on a lot zoned OR and is ideally suited for dental practices. The property boasts a recently installed roof and HVAC system, representing significant cost savings for the new owner. Further enhancing its appeal, the current dental equipment and office furniture are available for purchase, providing a true turnkey opportunity. Its central location in Hanford offers easy accessibility and benefits from surrounding dense residential areas. The property is conveniently located just minutes from Downtown Hanford and approximately 30 miles south of Fresno, California. This presents a compelling investment opportunity for dentists seeking an established practice or those starting a new venture. The property's features and location combine to create a highly desirable and functional space for a medical professional.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $220,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $250,000
- Mixed-Use
- $190,000
- Hospitality
- $255,000
- Educational
- $215,000
- Residential Income
- $240,000
- Energy
- $200,000
- Income-Based Land
- $235,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.647
- Latitude
- 36.3324
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA